If you believed that a recession is coming to New Zealand mid-year, which several of the following stocks would be worst hit?
CEN
FBU
KMD
KPG
SKC
SKT
SPK
STU
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If you believed that a recession is coming to New Zealand mid-year, which several of the following stocks would be worst hit?
CEN
FBU
KMD
KPG
SKC
SKT
SPK
STU
I would think SKC.then FBU,KPG,KMD,STU,SKT ,CEN, and finally SPK.
KMD not further down the list as they are going gang busters in Aussie.
SPK last as I can not see people giving up their phones.
.
SKC doesn't seem to get hit during recessions ... people go there to gamble in the hopes they will win big :)
I believe we are already in a recession...Well at least after looking at SM anyways.